Great Residential/Commercial Development Opportunity On 3,238m2, ( 8 Lots ), Ever So Close to Toowoomba's CBD !

207-213A Ruthven Street, North Toowoomba, 4350

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1,800,000 AUDEst. Mortgage: AUD 12,648/monthFor Sale
  • Ownership Type House
  • Property Area 3,238 sqft
  • Bedrooms 11
  • Bathrooms 6
  • Furnished No
  • Last Updated 8th Apr, 2021

Amenities

Feature that provides comfort, convenience, or pleasure
  • Full-Time Doorman
  • River Views
  • Common Roof Deck
  • City Views
  • Gym
  • Sauna
  • Open Views
  • Basketball Court
  • Pool

Property Overview

EXCELLENT RESIDENTIAL/COMMERICAL DEVELOPMENT OPPORTUNITY IN TOOWOOMBA
- Retirement is calling ! The current owners want it sold, so all genuine offers will be considered !!
- 8 adjoining lots with a combined area of 3,238m2
- Main road frontage (Ruthven Street), also with rear street access (Gordon Street)
- Currently the property consists of 5 older timber homes and 1 Business Premises
- Rental return on sale would be approx. $90,000 per annum
- This site is conveniently located to Bunnings: 450 mtrs, Toowoomba CBD: 1.4km, Northpoint Shopping Centre: 950 mtrs
- Toowoomba is a very vibrant City, with major infrastructure projects completed or being completed i.e: Grand Central Shopping, Toowoomba Wellcamp Airport; passenger & commercial flights to Sydney, Melbourne, Cairns, Western Queensland, and currently in talks with Air Asia with flights direct to Asia proposed, and the New Toowoomba Bypass. The new Qantas Pilot Academy is being built now, plus the Toowoomba Medicinal Cannabis Plantation has been given the green light for construction too.
- Toowoomba Regional Council would consider applications for this site for Medical or Health uses, Veterinary, Educational or Child Care, Religious, Community care, and there's a possibility for up to a 3 Storey high development
- Please call me on 0407 610 818 for more information or an inspection of the site.

Location on Google Map

207-213A Ruthven Street, North Toowoomba, 4350

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